https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
EPS: $1.20
Proforma Debt Maturities & Liquidity Summary – 12/31/12
(Reflecting Financing & Spartech Acquisition)
• Total Debt at 12/31/12
h
$1,010
$297
$360 $300
$400
Debt Maturities
As of December 31, 2012
($ millions)
Less: Cash
Net Debt
213
$797
$50
$297
$100
$200
• Available Liquidity
Cash $213
$800 Debt Maturities
As of December 31, 2012
P f f 2/13 Fi i
$50
$0
2015 2017 2020
Interest Rates: 7.500% 5.000% 7.375%
Cash
ABL Availability
Total Liquidity
$213
271
$484
$600
$400
$600
Proforma for 2/13 Financing
($ millions)
Total Liquidity
• Net Debt / EBITDA = 2.0x*
$484
$50
$360
$0
$200
• Net Debt / EBITDA = 2.35x**
$50$0
2015 2020 2023
Page 14
Interest Rates: 7.500% 7.375% 5.250%
*Assumes $65 million of synergies related to Spartech acquistion
**Assumes no synergies related to Spartech acquistion
Use of Cash
Share DividendsOrganic G Acquisitions
• Repurchased 1 2
Repurchase
• Introduced a
Dividends
• Expanding our
Growth
T t th t d
Acquisitions
• Repurchased 1.2
million shares in
2012
• 20.0 million
shares are
il bl f
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
2012 (25%) and
Q1 2013 (20%)
• Expanding our
sales, marketing,
and technical
capabilities is top
priority
• Investing in
• Targets that expand our:
• Specialty offering
• End market presence
• Geographic footprint
available for
repurchase under
the current
authorization
Q1 2013 (20%)
• Objective of
maintaining and
growing
Investing in
operational and
LSS initiatives
(including synergy
capture)
• CAPEX
• Synergy opportunities
• Adjacent material solutions
Proforma Cash Balance = $213M
N t D bt / EBITDA* 2 0X
CAPEX
Net Debt / EBITDA* = 2.0X
*Adjusted EBITDA assumes synergies related to the Spartech acquisition are realized at close; preliminary synergies estimated at $65M and are expected to be achieved over a 3-year period
Page 15
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_elastomers_for_overmolding_applications.pdf
The balance of rheology and
surface chemistry along with cost and performance requirements dictates the TPE developments to bond to
various engineering plastic substrates.
https://www.avient.com/industries/consumer/consumer-discretionary/home-household/housewares-accessories
Corrugated Sheet
Extrusion Sheet & Strap
GLS™ Versaflex™ Thermoplastic Elastomer provided the right balance of haptics and fulfilled healthcare regulations
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
The plan requires the payout of balances deemed
invested in the Company stock fund at the time of distribution to be in the form of Company common
shares (or cash for fractional shares).
Name
Aggregate
Balance at
12/31/2022(1)
($)
Executive
Contributions
in Last FY(2)
($)
Registrant
Contributions
in Last FY(3)
($)
Aggregate
Earnings
in Last FY(4)
($)
Aggregate
Withdrawals/
Distributions
($)
Aggregate
Balance at
Last FYE(1)(5)
($)
A.K.
5) A portion of the balance reflected in the table represents amounts earned by the Named Executive Officers, which they have elected to defer on a
voluntary basis.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_5.pdf
Balance.
Through this data, we create safety data sheets and
customer certification statements for intended use and product
safety improvements.
Our Board also represents a balanced mix of fresh
perspectives from our newer Directors and more seasoned perspectives from our longer tenured Directors.
https://www.avient.com/sites/default/files/2024-08/Avient 2023 Sustainability Report_6.pdf
Balance.
Through this data, we create safety data sheets and
customer certification statements for intended use and product
safety improvements.
Our Board also represents a balanced mix of fresh
perspectives from our newer Directors and more seasoned perspectives from our longer tenured Directors.
https://www.avient.com/industries/packaging/beverage-packaging/water
Corrugated Sheet
Extrusion Sheet & Strap
GLS™ Versaflex™ Thermoplastic Elastomer provided the right balance of haptics and fulfilled healthcare regulations
https://www.avient.com/industries/packaging/beverage-packaging/beverage-packaging-dairy
Corrugated Sheet
Extrusion Sheet & Strap
GLS™ Versaflex™ Thermoplastic Elastomer provided the right balance of haptics and fulfilled healthcare regulations
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.pdf
The plan requires the payout of balances deemed
invested in the Company stock fund at the time of distribution to be in the form of Company common
shares (or cash for fractional shares).
Name
Aggregate
Balance at
12/31/2022(1)
($)
Executive
Contributions
in Last FY(2)
($)
Registrant
Contributions
in Last FY(3)
($)
Aggregate
Earnings
in Last FY(4)
($)
Aggregate
Withdrawals/
Distributions
($)
Aggregate
Balance at
Last FYE(1)(5)
($)
A.K.
5) A portion of the balance reflected in the table represents amounts earned by the Named Executive Officers, which they have elected to defer on a
voluntary basis.
https://www.avient.com/investor-center/news/avient-announces-second-quarter-2024-results
Condensed Consolidated Balance Sheets